Real estate prices Bormes-les-Mimosas

The median apartment price in Bormes-les-Mimosas stands at €5,400 per square metre. Houses come out at €5,690.

Half of apartment sales in Bormes-les-Mimosas fall between €4,621 and €6,411 per square metre. That gap owes more to condition than to opposing neighbourhoods: this market does not split into starkly different price zones.

The average apartment sold in Bormes-les-Mimosas covers 39 square metres, putting a typical transaction near €212,004. That is an order of magnitude drawn from averages, not the valuation of any particular property.

By property type in Bormes-les-Mimosas: T2 at €5,390/m², studio at €5,689/m², T3 at €5,391/m², T4 at €5,044/m², T5+ at €4,357/m².

The studio carries the highest price per square metre and the T4 the lowest, a gap of 13 %. Small units usually cost more per square metre than large ones, because the price of a kitchen and a bathroom is spread over fewer metres.

The house is what changes hands most often here, with 99 sales over twelve months. It is therefore the type with the most reference points, and the one where a price is hardest to argue against.

Over the last twelve months the median moved by -0.3 %. That amounts to stability. Stability is the most common state of a local market: it means sellers and buyers agree on price levels.

No five-year reading is available for Bormes-les-Mimosas: published sales do not go back far enough with enough volume, so the long-term direction cannot be stated here.

Among the towns tracked by BRIVEO in the same department, on the median apartment price, Draguignan sits 62 % below and Sanary-sur-Mer 14 % above. Those are the gaps a buyer widening their search area actually meets.